RE:RE:Oh look - 6.1 million shares traded todayI agree about the algo's but they can work in our favour as well. If there is a positive CRTC decision it could provide over sized moves to the upside.
Granted this last move down has been painful but I'm cautiously optomistic we are close to a bottom.That said I sold my LBS and bought another 300 shares at 49.30 and true to form it went down more.
I am still confident BCE will do whatever it has to to protect FCF and the dividend. As I posted before being retired I;m happy with a Canadian large cap blue chip dividend stock paying 8% with even a low 3% growth.
A lot of 5G has been installed. The CRTC wants 5G expanded more and BCE has told them they won't expand it if other players get to use it for basically free. It will be interesting to see the outcome of BCE's appeal of the last CRTC decision.
Hopefully in a little over a year when TRUDOPE and JUG HEAD get their walking papers Canada will become a more business friendly place and not a welfare state that those 2 are steering us to.
GLTA